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RESOLUTION 2016-164R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, AUTHORIZING THE CITY MANAGER OR HIS <br /> DESIGNEE TO EXECUTE A DEVELOPMENT AGREEMENT WITH <br /> WALTON TEXAS, LP, WALTON SILVER CROSSING, LP, WALTON TX <br /> AUSTIN LAND, LP, WALTON TX MARTINDALE, LP, AND WALTON <br /> TX MARTINDALE, LLP 2 FOR APPROXIMATELY 2,358 ACRES OF <br /> LAND IN THE CITY OF SAN MARCOS' EXTRATERRITORIAL <br /> JURISDICTION; AND PROVIDING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The City Manager or his designee is hereby authorized to execute a <br /> development agreement with Walton Texas, LP, Walton Silver Crossing, LP, Walton TX Austin <br /> Land, LP, Walton TX Martindale LP, and Walton TX Martindale LLP 2, for approximately 2,358 <br /> acres of land located in the city's extraterritorial jurisdiction attached and incorporated into this <br /> Resolution as Exhibit 1. <br /> PART 2. This Resolution shall be in full force and effect from and after its passage. <br /> ADOPTED on December 6, 2016. <br /> e Da '- Guerr- <br /> ayor <br /> Attest: <br /> 11 - • <br /> Jam.- Lee ' ase <br /> City I Jerk <br />